78 South Idaho Street

Tacoma, WA 98409

$999,950
Price
Studio
Beds
3,750 Sq. Ft.
$267 / Sq. Ft.
3,750
Sq. Ft.
$267
per Sq. Ft.

Description

Development Potential 4-plex in UCX and Opportunity Zone Funding area, but also can be held as a 5.7% Cap 4plex with upside potential. Desirable location tucked in behind Costco inside Tacoma Mall Regional Growth Area for High Density Mixed use development. This building consists 2 2BR/1BA and 2 3BR/1BA units with in-unit W/Ds. Building had extensive updates including new siding, upgraded electrical panels, new windows, new fence, new gutters, Chimney removal, and more! The Building is fully occupied...

Property Details for 78 South Idaho Street

Community Name
Tacoma
School District
Tacoma
Year Built Numeric
1943

Location

Listing Courtesy of Sagareus Real Estate

Property Details for 78 South Idaho Street

StatusActive
MLS #1732049
Days on Market53
Taxes$5,721 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1943
Lot Size0.33 AC / 14,560 SF
CountyPierce County

Listing Agent

Alex Chang

Alex Chang

Sagareus Real Estate

BB@sagareus.com

P: 425.553.0239

Contact Agent(s)

Location

Listing Courtesy of Sagareus Real Estate

Building Information for 78 South Idaho Street

Stories-Residences4Year Built1943Building Size-Lot Size0.33 AC / 14,560 SF

Payment Calculator

$3,828 per month

30 year fixed, 2.95% Interest

Principal and Interest

$3,351

Property Taxes

$477

HOA Dues

$0

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Property Information for 78 South Idaho Street

Summary
    Location and General Information
  • Amenities: Storage
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Fenced-Fully
  • Area: 45 - South Tacoma
  • Street Number Numeric: 72
  • Street Direction: S
  • Street Name Free Text: Idaho
  • Street Suffix: St
  • County: Pierce
  • City: Tacoma
  • Character: 98409
  • Sale Type: MLS
  • Elementary School: Buyer To Verify
  • Junior High School: Buyer To Verify
  • Senior High School: Buyer To Verify
  • Directions: Head N on I-5 N. Use the R lane to follow signs for S 38 St W/Tacoma Mall. Keep R, follow signs for S 38 St W/Tacoma Mall & merge on S 38th St. RT onto S Steele St. RT onto Idaho St. Destination on L.
  • Leased Items: None
  • Property Sub Type: MULT
    Taxes and HOA Information
  • Tax Year: 2020
    Parking
  • Number of Garage Spaces: 0
  • Number of Carport Spaces: 0
Interior and Exterior Features
    Bathroom Information
  • Total Bathrooms: 0
  • Full Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Half Bathrooms: 0
  • Quarter Bathrooms: 0
    Bedroom Information
  • Approved Number of Bedrooms: 0
  • Bedrooms Count: 0.0
    Interior Features
  • Floor Covering: Laminate, Wall to Wall Carpet, Vinyl Plank
    Exterior Features
  • Exterior: Cement Planked
  • Roof: Composition
Property
    Utilities
  • Energy Source: Electric, Natural Gas
  • Heating and Cooling: Baseboard, Wall
  • Sewer: Sewer Connected
  • Water Source: Public
  • Water/Sewer/Garbage: 750
  • Power Company: TPU
  • Sewer Company: TPU
  • Water Company: TPU
    Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Square Footage: 3750.0
  • Lot Square Footage: 14560
  • General Zoning Classification: Business,Commercial,Industrial-Light,Multi-Family,Residential,See Remarks
  • Total Finished SQFT: 0.0
    Lot Information
  • Lot Details: Corner Lot, Open Space, Value In Land, Adjacent to Public Land
  • Lot Size Source: Matrix
  • Parcel Number Free Text: 5270001790
  • Building Condition: Average
Multi Family
    Building Details
  • Total Number of Parking Spaces: 8
  • Number of Uncovered Spaces: 8
  • Number of Stories in Building: 2
  • Vacancy Rate: 2
    Financing / Income and Expenses
  • Electrical Expenses: $0
  • Total Expenses: $7,971
  • Gross Adjusted Income: $57,248
  • Gross Rent Multiplier: 17
  • Gross Scheduled Income: $65,220
  • Heating Expenses: $0
  • Insurance Expenses: $1,500
  • Net Operating Income: $57,248
  • Other Expenses: 0
  • Total Monthly Income: 5435
    Unit 1
  • Washer/Dryer Unit 1: Y
  • Range/Oven Unit 1: Y
  • Refrigerator Unit 1: Y
  • Dishwasher Unit 1: N
  • Square Feet Unit 1: 800
  • Rent Unit 1: $1,095
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Description Unit 1: 72
  • Bathrooms Unit 1: 1.0
    Unit 2
  • Washer/Dryer Unit 2: Y
  • Range/Oven Unit 2: Y
  • Refrigerator Unit 2: Y
  • Dishwasher Unit 2: Y
  • Square Feet Unit 2: 1075
  • Rent Unit 2: $1,595
  • Bedrooms Unit 2: 3
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1.0
  • Description Unit 2: 74
    Unit 3
  • Washer/Dryer Unit 3: Y
  • Range/Oven Unit 3: Y
  • Refrigerator Unit 3: Y
  • Dishwasher Unit 3: Y
  • Square Feet Unit 3: 1075
  • Rent Unit 3: $1,595
  • Bedrooms Unit 3: 3
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1.0
  • Description Unit 3: 76
    Unit 4
  • Washer/Dryer Unit 4: Y
  • Range/Oven Unit 4: Y
  • Refrigerator Unit 4: Y
  • Dishwasher Unit 4: N
  • Square Feet Unit 4: 800
  • Rent Unit 4: $1,150
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1.0
  • Description Unit 4: 78
    Unit 5
  • Square Feet Unit 5: 0
  • Rent Unit 5: $0
  • Bedrooms Unit 5: 0
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 0.0
    Unit 6
  • Square Feet Unit 6: 0
  • Rent Unit 6: $0
  • Bedrooms Unit 6: 0
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 0.0

Property History for 78 S Idaho St

DateEvent & SourcePriceAppreciation
Feb 18, 2021

Listed (Active)

NWMLS #1732049

$999,950
DateEvent & SourcePrice
02/18/2021

Listed (Active)

NWMLS #1732049

$999,950

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 78 South Idaho Street


SchoolTypeGradesDistanceRating
ReedPublicPK-50.4 mi
5
Oakland Alternative High SchoolPublic9-120.8 mi
1
Tacoma AdventistPrivateK-81.0 mi
NR
Angelo Giaudrone Middle SchoolPublic6-81.1 mi
2

Reed

PK-5, 0.4 mi, Public

5

Oakland Alternative High School

9-12, 0.8 mi, Public

1

Tacoma Adventist

K-8, 1.0 mi, Private

NR

Angelo Giaudrone Middle School

6-8, 1.1 mi, Public

2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

78 South Idaho Street is a multi-family home for sale in Tacoma, WA 98409. This property was listed for sale on February 18, 2021 by Sagareus Real Estate at $999,950. This listing's school district is Tacoma School District. Nearby schools include Reed, Oakland Alternative High School and Tacoma Adventist. 78 South Idaho Street is a 0-bed, 0-bath, 3,750 sqft multi-family home built in 1943. This address can also be written as 78 S Idaho St.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sagareus Real Estate

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer.